Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Top High Image's Enterprise Value is NT$3,612.1 Mil.
Top High Image's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-20.3 Mil. Therefore, Top High Image's EV-to-FCF for today is -178.30.
The historical rank and industry rank for Top High Image's EV-to-FCF or its related term are showing as below:
ROCO:3284'
s EV-to-FCF Range Over the Past 10 Years
Min: -214.83 Med: -7.52 Max: 206.99
Current: -191.95
During the past 13 years, the highest EV-to-FCF of Top High Image was 206.99. The lowest was -214.83. And the median was -7.52.
ROCO:3284's EV-to-FCF is ranked worse than 100% of 1732
companies
in the Industrial Products industry
Industry Median: 25.015
vs ROCO:3284: -191.95
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Top High Image's PE Ratio (TTM) for today is calculated as:
Top High Image's share price for today is NT$25.80.
Top High Image's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2.256.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Top High Image EV-to-FCF Related Terms
Top High Image EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Top High Image's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Industrial Machinery subindustry, Top High Image's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Top High Image EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Top High Image's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Top High Image's EV-to-FCF falls into.
Top High Image's current Enterprise Value is NT$3,612.1 Mil.
Top High Image's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-20.3 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Top High Image (ROCO:3284) has a EV-to-FCF of -178.30 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Top High Image and its competitors. According to the industry distribution chart, Top High Image ranks #999999 out of 1732 companies in the Industrial Products industry.
Is Top High Image's EV-to-FCF too high?
Top High Image's current EV-to-FCF is -178.30. Based on the distribution chart, Top High Image ranks #999999 out of 1732 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Top High Image has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top High Image's EV-to-FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Top High Image ranks #999999 out of 1732 companies for EV-to-FCF. This places Top High Image in the lower half of its industry. The industry median EV-to-FCF is 25.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.02, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Top High Image and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top High Image's current EV-to-FCF is -178.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top High Image stock overvalued right now?
Based on GuruFocus' analysis, Top High Image (ROCO:3284) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.54, compared to a current price of NT$25.80 — trading 32% above its estimated fair value. The current EV-to-FCF is -178.30. Top High Image's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Top High Image (ROCO:3284), the current EV-to-FCF is -178.30 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Top High Image (ROCO:3284) Overvalued in 2026?
Based on GuruFocus' analysis, Top High Image stock appears to be overvalued.
The current stock price of NT$25.80 is trading 32% above its estimated GF Value™ of NT$19.54.
GuruFocus considers Top High Image to be Significantly Overvalued.
Key valuation signals for ROCO:3284:
EV-to-FCF: -178.30
GF Value™: NT$19.54 vs. price of NT$25.80 (32% above fair value)
No single metric tells the full story. See the ROCO:3284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top High Image Corp. is a company based in Kaohsiung, Taiwan, specializing in manufacturing and selling offset printing plates and printing consumables. It offers a wide range of printing plates, including process-free, thermal CTP, positive thermal CTP, and conventional plates used in various printing applications like brochures, newspapers, packaging, and labels. Besides printing plates, it also deals in trading and services, food manufacturing and wholesale, advertising, and real estate agency and leasing services. The main source of income for the company was through the sales of pre-sensitized plates and the land through a joint construction and sub-sales project as well as a real estate agency.
59GF Score
Get the complete analysis for ROCO:3284
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3284 has been successfully added to your 
